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What was the cost of goods sold for September Cost of Goods Sold In September, Lauren Ashley Company purchased materials costing $150,000 and incurred direct

image text in transcribed What was the cost of goods sold for September

Cost of Goods Sold In September, Lauren Ashley Company purchased materials costing $150,000 and incurred direct labor cost of $150,000. Overhead totaled $325,000 for the month. Information on inventories was as follows: Materials Work in process Finished goods Required: September 1 $120,000 80,000 70,000 September 30 $130,000 90,000 65,000 What was the cost of goods sold for September?

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